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MG Group

Active
Vrijheidslaan 175 ·1080 Sint-Jans-Molenbeek, Belgium

MG Group has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-2k. The computed 12-month bankruptcy probability is 1.2% (low).

KBO/BCE: BE 0423.219.116
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Credit risk

Bankruptcy probability (12 mo)

1.2% Low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Credit advice

verdict per amount and term

Timeline

What happened to this company, by date

0 of 6 acts read

Next filing fiscal year 2026 expected by 31-07-2027

2026
29-06-2026 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-10-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
29-11-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
12-10-2019 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
26-06-2019 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-06-2017 NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
08-07-2016 NBB filing Annual accounts filed
fiscal year 2015 · full schema
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Financials

Equity€18k-11.4%
2024: €20k
Total assets€65k-28.0%
2024: €91k
Net result€-2k
2024: €25k
Working capital€18k-11.4%
2024: €20k

Turnover and EBIT margin not published: the micro schema does not require them.

Figures by fiscal year

fiscal year 2025 · micro schema
€-10k€0€10k€20kOperating result 2024: €25k€25kNet result 2024: €25k€25kOperating result 2025: €-2k€-2kNet result 2025: €-2k€-2k20242025
Operating resultNet result
Debt
€48k
-32.7% 24-25
Debt ≤ 1y
€48k
-32.7% 24-25
Current ratio
1.37
+7.0% 24-25
Quick ratio
1.37
+7.0% 24-25
Solvency
27.1%
+23.1% 24-25
Debt / equity
2.69
-24.1% 24-25
ROE
-12.9%
- 24-25
ROA
-3.5%
- 24-25
Figures by fiscal year and ratios
Fiscal year2025
Depositmicro schema
Revenue-
EBITDA-
Net profit€-2k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€65k
Equity€18k
Debt€48k
of which ≤ 1y€48k
of which > 1y-
Working capital€18k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.37
Quick ratio1.37
Working capital ratio27.1%
Solvency27.1%
Debt / equity2.69
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-3.5%
ROE-12.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Balance-sheet composition 2025
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€65k
Current assets 29/58€65k
Amounts receivable within one year 40/41€65k
Cash & bank 54/58€7
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€65k
Equity 10/15€18k
Contributions / capital 10/11€19k
Reserves 13€4k
Accumulated profits (losses) 14€-5k
Amounts payable 17/49€48k
Amounts payable within one year 42/48€48k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€-2k
Operating result 9901€-2k
Financial charges 65€153
Result before taxes 9903€-2k
Net result for the period 9904€-2k
Result to be appropriated 9905€-2k

Signals

1 signal
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
No strikeouts found in the KBO publications · how complete this is
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Filing history by fiscal year and how the deadline is computed
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 29-06-2026 32 d early 2026-00237133
31-12-2024 31-07-2025 12-08-2025 12 d late 2025-00383236
31-12-2023 31-07-2024 30-08-2024 30 d late 2024-00439430
31-12-2022 31-07-2023 16-08-2023 16 d late 2023-00342001
31-12-2021 31-07-2022 24-10-2022 85 d late 2022-20473172
31-12-2019 31-07-2020 29-11-2020 121 d late 2020-73200535
31-12-2018 31-07-2019 12-10-2019 73 d late 2019-70200144
31-12-2017 31-07-2018 26-06-2019 330 d late 2019-26300279
31-12-2016 31-07-2017 24-06-2017 37 d early 2017-24200431
31-12-2015 31-07-2016 08-07-2016 23 d early 2016-29500546

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Locations & real estate

Registered office

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vrijheidslaan 1751080 Sint-Jans-Molenbeek

Establishment units

2 locations
BUNATATI DIN BUCOVINA / MG
Jetselaan 10, 1081 KoekelbergCivil engineering
since 19822.021.271.152
BUNATATI DIN BUCOVINA 2
Leopold I straat 373, 1090 JetteRetail trade
since 20192.285.027.911
Parcels3
Ground area665 m²
Buildings3
Building footprint474 m²
Volume (LiDAR)4,277 m³
Tallest building17.1 m · ±5 fl.

Real-estate footprint

Brussels 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21526D0069/02A005 Brussels 310 m² 1 · 243 m² 10.9 m · 2 fl.
21492B0065/00T007 Brussels 215 m² 1 · 124 m² 17.1 m · 5 fl.
21463D0289/00S006 Brussels 140 m² 1 · 107 m² 13.8 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar

Similar companies

Same sector and region
How this selection is made
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 1,662 of the 10,445 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Non-specialised retail sale with food, beverages or tobacco predominating47110Retail trade47112Other specialised construction activities43990Specialised construction activities43995Retail sale of fruit and vegetables47210Retail sale of bread and pastry (bakery outlets)47241Retail trade47260Other retail sale of food47279Retail trade47299